Thursday, 10 November 2016

Sensex surges 265 points on global rebound; banks rallyAfter yesterday's global stock market rout, BSE Sensex today recovered over 265 points as banking stocks rallied on hopes of increase in deposits in the wake of higher value notes withdrawal by the Centre and also investors coming to terms with Trump win in the US election.

'Banks to expand banking facility in remote areas'Minister of State for Home Affairs Kiren Rijiju on Thursday said the government has directed banks to expand their facilities in the remote areas to ensure that people have easy access to the financial system in the wake of demonetisation of Rs 500 and Rs 1,000 currency notes.

'Efforts on to build consensus on sticky GST issues'"We are making all efforts to introduce GST from April 1, 2017. GST has to be implemented latest by September 16, 2017, and if it is not implemented by then, then states will not be able to collect their share of taxes, and hence there is not enough scope to further delay the decision," he said.

Why Trump's win is bad for Paris AgreementDonald Trump’s win may be a bad news for climate action under the Paris Agreement. He had not only repeatedly questioned the science underlying climate change, but also once called it a “hoax” and pledged to pull the United States out of the global climate deal.

States ignore national policy on crop residue managementHad the Delhi’s neighbouring states adhered to the guidelines of the two-year-old national policy for management of crop residue (NPMCR), the Capital and other cities in the NCR would have been spared of current alarming situation of air pollution due to stubble burning.

Prize Murrah bull to be star attraction at global agri showThe celebrity Murrah bull, Yuvraj, will be a major attraction at the upcoming global Agritech Meet 2016, Gram, in Jaipur. Murrah is a world famous high-yielding breed said to have its origins in Haryana’s Rohtak and Jind districts. The breed is also found in western UP.

How Trump could affect key areas of economyDonald Trump won the presidency by pledging to restore a vanished and golden economic era, when growth roared, factory jobs flourished and America sat unchallenged atop the global economy. Yet he never offered much of a roadmap. Which is why it's far from clear how Trump will affect the economy, even though his agenda enjoys the advantage of Republican control of both the House and Senate.

Antibody that 'neutralises' Zika virus identifiedScientists, including one of Indian origin, have identified a human antibody that may reduce Zika infection, paving way for a vaccine against the virus which is believed to cause serious birth defects in babies.

Apple slashes prices of iPhone 6s and iPhone 6s Plus by up to Rs 22,000Apple has announced biggest-ever price drop for its smartphones in India. Under the new pricing, iPhone 6S (128GB), carying an MRP of Rs 82,000, will now be available at an MRP of Rs 60,000. iPhone 6s Plus (128GB) will now be available at an MRP of Rs 70,000, the smartphone too has received a price cut of Rs 22,000. Apple's 4-inch smartphone iPhone SE, too has got a price cut. The 64GB version of iPhone SE will now be available at Rs 44,000.

Long queues at banks in Mumbai to deposit scrapped notesSerpentine queues were seen outside banks here, which opened today after a day's break following the demonetisation of Rs 500 and Rs 1,000 notes, as people jostled to get lower denomination currency and new banknotes to pay for their daily basic needs.

Hillary trumps Donald at consulate's mock president pollMorning may not always show the day. It certainly did not on Wednesday when guests at an election watch breakfast in Mumbai celebrated final moments of the race to the White House, cast their ballots in a mock election and picked Hillary Clinton as the winner.

Banks brace up for long queuesWith citizens anxious to replace their demonetized currency notes, banks are gearing up to handle a heavy rush Thursday onwards.

No power cut for delayed bill paymentThe state finance department has issued a notification ordering that essential services like electricity, water, and gas not be suspended for non-payment of bills, till November 24.

Firm to reply on land acquisitionThe court further asked the Jaypee Sports International Ltd and Yamuna Expressway Authority to file an affidavit stating therein as to whether the government can acquire land for a private company.

Rush to offer Rs 500, Rs 1000 donations at Puri TempleCall it the panic among pilgrims to dispose Rs 500 and Rs 1000 currency notes. The Jagannath Temple administration in Puri received the maximum donation of the two junked higher currency notes on Wednesday unlike normal days. As a result, the shrine body received Rs 59,102 more donation on Wednesday as against Rs 3,07,258 received the previous day.

Tribals rally against govt failure to check JEA day after observing a bandh in Malkangiri district, the Zilla Adivasi Samaj Mahasangha (ZASM) on Wednesday held a huge rally and demonstrated before the collectorate in protest against the government's alleged failure in controlling the Japanese encephalitis (JE) and the mystery disease.

Not(e)worthy electionThe electoral battle in Punjab, where money is a big part of poll management, may not be as heavily fuelled by moolah this time around as it has been in earlier times -all thanks to the government's move to scrap Rs 500 and Rs 1,000 notes.